Workflow
中油工程(600339.SH):子公司中标项目签署合同

Core Viewpoint - China Petroleum Engineering Corporation (中油工程) has signed an EPC contract worth $2.524 billion with Iraq's Basra Oil Company for the seawater pipeline project in Basra Province [1] Group 1: Company Information - The contract was signed by China Petroleum Pipeline Bureau Engineering Co., Ltd., a wholly-owned subsidiary of China Petroleum Engineering Corporation [1] - The contract amount is approximately 180.32 billion RMB based on the exchange rate on the project award date [1] Group 2: Industry Context - The project involves the construction of a seawater transportation pipeline in Iraq, indicating ongoing infrastructure development in the oil sector [1]